Prudential Authority, 3Sixty Life reach an agreement over curatorship
High Court appoints Fagmeedah Petersen-Cook as the life insurer’s final curator.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreHigh Court appoints Fagmeedah Petersen-Cook as the life insurer’s final curator.
How the limitation on setting off assessed losses against taxable income affects life insurers and policyholders.
Three things to note when it comes to customer due diligence and assessing money laundering and terrorist financing risk.
Also, the group’s fiduciary business will be sold to Capital Legacy Solutions, in which Sanlam will have a have a 26% stake.
News24 publishes documents the Competition Commission submitted to obtain warrants ‘to raid’ insurers in 2022.
Tough claims environment weighs on short-term insurance business
This follows the High Court’s decision confirming its earlier judgment.
High Court weighs witnesses’ testimony to decide whether a husband did, in fact, predecease his wife and beneficiary.
SA’s 14.3 million income-earners have enough life and disability insurance to cover only 45% of their total insurance needs.
Alternatively, how much less households will have to spend following the loss of a breadwinner.
Yet younger income-earners will have to rely on insurance benefits for longer.
3Sixty Life has registered its intention to appeal against the High Court’s decision to place the underwriter under final curatorship. The High Court also cancelled the appointment of Yashoda Ram as 3Sixty Life’s […]
The Prudential Authority (PA) has granted Capitec a licence to conduct life insurance business in South Africa, Capitec announced this week. A subsidiary of Capitec Bank Holdings, Capitec Ins. Pty Ltd, has been […]
An estimated R88.56 billion in unclaimed assets are held by institutions across the financial sector. However, the FSCA says the amount might be far higher because there is no common understanding of what […]
Consumers not only bought fewer risk policies in the first six months of this year but also lapsed a higher number of policies, which is in stark contrast to the same period last […]
Momentum Metropolitan Holdings (MMH) delivered normalised headline earnings of R4.383 billion in the year to 30 June, significantly higher than the R1.007bn in the previous financial year, following the less severe impact of […]